Pipeline approval.In response to opposition from global environmental groups, the Overseas Private Investment Corporation (OPIC OPIC Overseas Private Investment Corporation OPIC Office de la Propriété Intellectuelle du Canada (French: Canadian Intellectual Property Office) OPIC Organization of Professional Immigration Consultants OPIC Ohio Public Interest Campaign ) delayed a decision on whether to provide political risk insurance for the construction of a 630-kilometer natural gas pipeline between Bolivia Bolivia (bōlĭv`ēə, Span. bōlē`vyä), officially Republic of Bolivia, republic (2005 est. pop. 8,858,000), 424,162 sq mi (1,098,581 sq km), W South America. and Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. . Enron International Enron International or EI as it was known inside of Enron was Enron's wholesale asset development and asset management business. It's primary focus was developing, building and owning Natural Gas power plants outside North America. and Shell International are building the pipeline. Opposing the OPIC investment are Amazon Watch, Friends of the Earth and The World Wildlife Fund. They say the pipeline will cut through tropical forests and sensitive wetlands in the Bolivian Amazon. An OPIC spokesman says the matter will be taken up again at the group's next quarterly meeting in June. |
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